Sync - Voice activated software similar to GM's Onstar
Globalization
"Domesticated Content" - The quantity of inputs into a final product that were produced in a specific country prior to assembly.
Ford Mustang: 65% domestic product
Domestic vehicle - A vehicle where a minimum of 75% of the parts were produced in the given country.
Ford Mustang: not a domestic vehicle
Globalization -
PORTER VALUE CHAIN:
SWOT Analysis
Strengths and Weaknesses
Opportunity and Threats
Loss of Demand
"Divest" To give up
Change your competitive strategy
Porter Value Chain's 3 Strategies
Cost
Differentiation - about competitors
Segmentation - Niche market - about products
Procurement --> B2B (Business to Business)
- electronic transactions
B2C (Business to Consumers) - Amazon
C2C (Consumer to Consumer) - eBay
Why IT?
Speed
Reliability
Accuracy
Technology Development
Ex. Managing the engine and fuel
Human Resources
Ex. Oracle 24/7
Time stubs and payments are done electronically
Inbound/Outbound Logistics
Trucks/Planes/Train carrying supplies
IT - Planning and inventory
DSS - Decision Support System
Operations
Robots
Assembly line
Marketing and Sales
Mass customization
Service
Parts the company make that customers need
Infrastructure
Accounting, financing, etc.
Strategy:
Operate efficiently
New products/services
Customer relations/Supplier relation
B2B
CRM (Customer Relation Management)
Handle complaints, etc
Social Networks
Decision Support System (DSS)
Computer system designed to provide assistance in determining and evaluating alternative courses of action
New System called Business Intelligence
Dashboard
Survival
A commodity is a good for which there is demand, but which is supplied without quantitate differentiation across a market.
Customer Relationship Management - Marketing and Sales
Knowledge Management Systems - the point is to move from a tacit to explicit
Wetware - brain
Intranet - within the organization web.
Extranet - within organization but giving access to partners.
Processes <----> IT
IT Department
CIO
CISO
System Analyst
Programmers
System Admin
Network Admin
Porter Strategy:
Cost
Differentiation
Segmentation
ATT Strategy - Subscription Data Implement - become partners with Apple and Data Apply IT
DRM - Video ID/Fingerprinting (Digital Rights Management) - Recognizing that the video content is yours - Watermarking the video to show others it is yours
Channels of Distribution
- Broadcast
- Cable/Satellite [Converge]
- Internet
- Mobile
Strategy
- Cable uses "Segmentation" compared to Broadcast
Pirate - Download (P2P or Peer to Peer)
- Streaming (Buffering)
- Capture (Add-ons on browsers that allow the user to capture the video content)
Transaction Costs <----------- IT lowers these types of costs
- Search
- Time-shifting
- It takes time to shift into something new
- Space-shifting
- Need space as well
TiVo
- Allowed you to record, fast forward, rewind, and skip ads
(Random access) - Breaks the ads supported
Embargo - Hold out for a certain amount of time
Privacy issues with cookies.
You must accept cookies if you use internetThey track exactly what you are doing
Customer Profiling - gathering information
TOR and Anonymizer are used to be untraceable
Ethics - guides for moral behaviorideas of ethics:responsibilityACCOUNTABILITYliabilityprocess
Ethical Dilemmas-
Collect Information
Define Dilemma
Stakeholders
Develop Options
Identify Impact of Steakholders
Avoid Binary thinking!!!
Utilitarian Analysis - have max utility in decision makingGolden Rule - do one to other as you would do for yourselfKant's Category Imperative - if it's not true for everyone then it's not true.Slippery Slope - may seem okay, but it is not if you do it too muchLeast Harm
FIP (1973) - Fair Information Practices
must give notice to consumers
Choice (opt in opt out)
Access
Secure
Enforcement
Unit of Impact---Individual-Organizational (Policy)-Politics (Policy)-Societal/Culture Solutions Analysis- Information (TV - attention span)- Dilemma- Stakeholders (Society/ Children)- Options- Impacts
Concepts Chapters 1-5
Electronic Components
Globalization
"Domesticated Content" - The quantity of inputs into a final product that were produced in a specific country prior to assembly.
Ford Mustang: 65% domestic product
Domestic vehicle - A vehicle where a minimum of 75% of the parts were produced in the given country.
Ford Mustang: not a domestic vehicle
Globalization -
PORTER VALUE CHAIN:
SWOT Analysis
- Strengths and Weaknesses
- Opportunity and Threats
- Loss of Demand
- "Divest" To give up
- Change your competitive strategy
Porter Value Chain's 3 StrategiesProcurement --> B2B (Business to Business)
- electronic transactions
B2C (Business to Consumers) - Amazon
C2C (Consumer to Consumer) - eBay
Why IT?
Technology Development
Human Resources
Inbound/Outbound Logistics
Operations
Marketing and Sales
Service
Infrastructure
Strategy:
A commodity is a good for which there is demand, but which is supplied without quantitate differentiation across a market.
General System Theory
Business Prcoesses (System Analysis)
TAM by Davis, 1989
Interactions in businesses that use technology:
Media Richness Theory
Structuration by Anthony Giddens (1984)
Business Intelligence
Executive Support Systems
Enterprise Resource Planning (ERP)
http://www.soxlaw.com/
Supply Chain Management - Logistics!Customer Relationship Management - Marketing and Sales
Knowledge Management Systems - the point is to move from a tacit to explicit
Wetware - brain
Intranet - within the organization web.
Extranet - within organization but giving access to partners.
Processes <----> IT
IT Department
- CIO
- CISO
- System Analyst
- Programmers
- System Admin
- Network Admin
Porter Strategy:- Cost
- Differentiation
- Segmentation
ATT Strategy - Subscription Data Implement - become partners with Apple and DataApply IT
DRM - Video ID/Fingerprinting
(Digital Rights Management)
- Recognizing that the video content is yours
- Watermarking the video to show others it is yours
Channels of Distribution
- Broadcast
- Cable/Satellite [Converge]
- Internet
- Mobile
Strategy
- Cable uses "Segmentation" compared to Broadcast
Pirate - Download (P2P or Peer to Peer)
- Streaming (Buffering)
- Capture (Add-ons on browsers that allow the user to capture the video content)
Transaction Costs <----------- IT lowers these types of costs
- Search
- Time-shifting
- It takes time to shift into something new
- Space-shifting
- Need space as well
TiVo
- Allowed you to record, fast forward, rewind, and skip ads
(Random access) - Breaks the ads supported
Embargo - Hold out for a certain amount of time
Privacy issues with cookies.
You must accept cookies if you use internetThey track exactly what you are doing
Customer Profiling - gathering information
TOR and Anonymizer are used to be untraceable
Ethics - guides for moral behaviorideas of ethics:responsibilityACCOUNTABILITYliabilityprocess
Ethical Dilemmas-
- Collect Information
- Define Dilemma
- Stakeholders
- Develop Options
- Identify Impact of Steakholders
Avoid Binary thinking!!!Utilitarian Analysis - have max utility in decision makingGolden Rule - do one to other as you would do for yourselfKant's Category Imperative - if it's not true for everyone then it's not true.Slippery Slope - may seem okay, but it is not if you do it too muchLeast Harm
FIP (1973) - Fair Information Practices
- must give notice to consumers
- Choice (opt in opt out)
- Access
- Secure
- Enforcement
Unit of Impact---Individual-Organizational (Policy)-Politics (Policy)-Societal/CultureSolutions Analysis- Information (TV - attention span)- Dilemma- Stakeholders (Society/ Children)- Options- Impacts
Concepts Chapters 6-10